The SEC approved separate proposals by the National Securities Clearing Corporation, the Fixed Income Clearing Corporation and the Depository Trust Company to increase certain minimum capital requirements for members and make other adjustments.
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The SEC approved individual proposals by the National Securities Clearing Corporation, the Fixed Income Clearing Corporation and the Depository Trust Company to increase capital requirements and to amend related rules.
Comments are due by July 6, 2022 for separate proposals by the National Securities Clearing Corporation, the Fixed Income Clearing Corporation and the Depository Trust Company regarding their respective capital requirements.
The National Securities Clearing Corporation, the Fixed Income Clearing Corporation, and the Depository Trust Company have each proposed rules to increase capital requirements and amend related rules.
The SEC extended the period for action on a proposed rule change enhancing capital requirements for clearing organizations. The SEC designated March 29, 2022 as the new date by which it will "either approve, disapprove, or institute proceedings to determine whether to disapprove" the proposed rule change.